Elara Capital also expects the government to allow OMCs to earn above-historical integrated margin to fund their energy ...

For import-reliant Asia, the Opec+ output rise is a welcome development. Markets are still on edge over US-China trade ...

Aramco, formally known as the Saudi Arabian Oil Co., had revenues of $108.1 billion over the quarter, the company reported in a filing on Riyadh’s Tadawul stock exchange. The company saw $107.2 ...

Tighter U.S. sanctions on Iran could restrict supply and push prices higher. Sanctions on two small Chinese refiners for ...

The U.S. Energy Information Administration cut its average Brent oil spot price forecast for 2025 and 2026 in its latest ...

It was a sea of red across commodities as US rates were left on hold, which overcame trade talk enthusiasm. China expanded ...

Citi Research lowered its three-month price forecast for Brent crude to $55 per barrel on Thursday, from a previous estimate ...

Front Month ICE Brent Crude for July delivery lost $1.03 per barrel, or 1.66% to $61.12 today --Off 30.09% from its 52-week high of $87.43 hit Thursday, July 4, 2024 --Up 1.48% from its 52-week low of ...

The Energy Information Administration’s May short-term energy outlook was completed prior to policies that could have an ...

According to trading data, the price of futures contracts of WTI crude oil for June 2025 delivery was up by 0.94% at $60.16 per barrel ...

Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...

Crude prices fell sharply on Monday, the first trading day after the wider Opec+ producer group announced it would unwind ...